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Ananda Dairy

Ananda Dairy

Investment Banking·snapshot·3y·complete|
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1Company Overview
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Company Overview

Ananda Dairy is a privately held dairy enterprise founded on November 15, 1989, by Dr. Radhey Shyam Dixit in Siyana, Uttar Pradesh . Originally incorporated as Gopaljee Dairy, the company rebranded to Gopaljee Ananda in March 2012 before adopting its current Ananda identity . Headquartered in Bulandshahr, Uttar Pradesh , the company is led by Chairman Radhey Shyam Dixit alongside Directors Suraj Dixit and Rahul Dixit . Its core product portfolio spans milk, ghee, butter, paneer, and buttermilk, with operations extending across 100-plus cities in 15 states . The company initiated international exports in 2018, supplying cheese and related products to the United States .

2Financial Performance
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Financial Performance

Ananda Dairy reported a turnover of approximately ₹1,700 crore for FY 2023-24, corroborated by the company's signed balance sheet and cited across multiple credible financial media outlets . A secondary aggregator indicates FY 2024-25 revenue of approximately ₹1,450 crore, implying a year-on-year decline; however, this figure carries low confidence given source data integrity concerns and has not been verified against official filings .

Data gap: EBITDA margin, net income, and one-time items for FY 2023-24 and FY 2024-25 — no verified source available. All available EBITDA and net profit figures from secondary sources have been rejected as confirmed data errors .

3Milk Procurement
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Milk Procurement

Ananda Dairy's upstream supply chain is anchored by a network of over 300,000 farmers across 6,000+ Village Level Collection centres, with each VLC averaging 200 litres per day from approximately 50 farmers . Total daily procurement exceeds 1 million litres , processed through 35 chilling centres that cool milk to 0°C before transfer to five plants with a combined handling capacity of 1.8 million litres per day . This structural buffer between procurement and processing capacity provides meaningful supply continuity, while the dense farmer base and veterinary support programmes underpin input cost stability.